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Morocco : Proparco and IFC invest in pioneering moroccan Green Bond to boost renewable energy

Proparco and IFC, a member of the World Bank Group, are investing €35 million and €100 million respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in the country.

This is the first green bond issuance in foreign currency in Morocco, as well as IFC and Proparco’s first green bond investment in the region.
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